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Exactly. The half-cent coin was discontinued in 1857, when it was worth the equivalent of 15 cents today. At this point, not just the penny, but also the nick
by MereInterest 5y ago
Exactly. The half-cent coin was discontinued in 1857, when it was worth the equivalent of 15 cents today. At this point, not just the penny, but also the nickel and dime should be discontinued (and there should be $1, $2 and $5 coins to replace the paper bills). Everything below the quarter is functionally worthless in normal quantities, and even quarters only serve as laundry tokens.
- spiderice 5y ago> and there should be $1, $2 and $5 coins to replace the paper bills What is the reasoning for wanting $1/2/5 coins instead of paper? Don't most people prefer paper?
- Arrath 5y agoIME, one and two Euro/Pound coins are incredibly useful and I much prefer them over paper. It makes it worthwhile to carry change around when I can make small purchases with them, and as a bonus I don't have to dig into my wallet for small bills. I'm not sold on the idea of a $5 coin yet, though. But I just argued a pretty good case for them, didn't I.
- hakfoo 5y agoThe 500-yen coin seems to work fine in Japan.